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What is difference b/w mutual fund & equity fund? |
What is difference b/w mutual fund & equity fund? They are pretty much the same thing. You are probably thinking of the difference between a stock (equity) fund and bond or other type of fund. It is just a difference of what the fund is invested in. There is no difference between Mutual fund and equity fund both are mutual fund.Equity fund are sub part of Mutual fund.Basically mutual funds are of three types Debt fund(investment is in fixed deposits,govt. bonds or fixed income scheme), Equity fund(investment is in equtiy only) and Balanced fund(mix of equity and debt) mutual fund is with others. This may or may not answer your question. There are multiple types of mutual funds. Among those types are closed end funds and open end funds. The closed end funds trade like stocks or equities. They may or may not trade at asset value. They are listed on the exchanges just like stocks. Mutual funds are open ended funds that have NAV reported usually daily. Mutual Funds are funds where money is pooled from investors and then the pooled money is invested in various ways. perhaps you can get your answer at this: Ignore stock trade - I don't eve think he reads the question, he has some generic response to every question |
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